Forward Air

Saia adds terminal capacity again; Memphis expansion complete

Saia double on highway

Less-than-truckload (LTL) carrier Saia Inc. (NASDAQ: SAIA) announced after the close of trading on Monday that it has opened an expanded cross-dock terminal in Memphis, Tennessee.

The Johns Creek, Georgia-based carrier noted the new 200-door energy-efficient facility will employ almost 300 workers, a level similar to the terminal that it is replacing. The new location has a maintenance shop with eight bays, high-speed fueling capabilities and can “accommodate a significant expansion over time,”...

https://s29755.pcdn.co/news/saia-adds-terminal-capacity-again-memphis-expansion-complete

Forward Air acquires intermodal drayage provider Value Logistics

Containers on trucks

Toggling between organic and inorganic initiatives, Forward Air (NASDAQ: FWRD) continues to make acquisitions and announce service offering expansions. On Monday, the Greeneville, Tennessee-based trucking company added another tally mark to the inorganic column, acquiring intermodal drayage outfit Value Logistics.

Founded in 1996 and based in Memphis, Tennessee, Value Logistics is a privately held drayage provider with 20 employees and 30 independent contractors, generating approximately $6...

https://s29755.pcdn.co/news/forward-air-acquires-intermodal-drayage-provider-value-logistics

Forward’s less-than-truckload service added to more terminals

Forward Air truck on highway

Forward Air (NASDAQ: FWRD) continues to make good on its pledge to “not wait” and “remove ceilings” on the advancement of its growth initiatives.

In a Monday press release, the Greeneville, Tennessee-based trucking company said it was expanding its traditional less-than-truckload (LTL) offering to include Columbia, Missouri, and Roanoke, Virginia. The company plans to offer the service out of its existing final-mile terminals in those two markets.

The carrier first laid out plans to offer LTL...

https://s29755.pcdn.co/news/forwards-less-than-truckload-service-added-to-more-terminals

The Daily Dash: Wildfires impacting freight movement

Oregon wildfire

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the West Coast wildfires are creating hazardous conditions for truck drivers and affecting freight movement. Plus, trailer orders are rising once again and volatile supply chains may become the new normal.

Wildfires putting drivers at risk

The wildfires on the West Coast are creating dangerous conditions for people living in the area, but they are also impacting freight movement. Shippers are...

https://s29755.pcdn.co/news/the-daily-dash-wildfires-impacting-freight-movement

Forward Air acquires another final-mile provider

Forward Air truck at terminal

Forward Air (NASDAQ: FWRD) announced that it has acquired another last-mile provider to build out its network. This time the Greeneville, Tennessee-based trucking company had to travel only 30 miles Northeast to acquire Johnson City, Tennessee-based CLW Delivery Inc.

The Wednesday press release said the $5.5 million deal will be funded with cash on hand and close in October.

CLW specializes in final-mile delivery and in-home installation for retailers and manufacturers. The outfit generates $20...

https://www.freightwaves.com/news/forward-air-acquires-another-final-mile-provider

YRC announces next-day expansion as less-than-truckload market heats up

YRC double on highway

Not to be outdone by recent expansion announcements from competitors, less-than-truckload (LTL) carrier YRC Worldwide (NASDAQ: YRCW) is expanding its regional next-day service.

In a Wednesday press release, the Overland Park, Kansas-based carrier said the addition of more lanes in the mid-South and Waco, Texas, is part of its network restructuring.

“Through Regional Next-Day service, our customers in Texas and the mid-South can access just-in-time scheduling that offers benefits of lowered...

https://s29755.pcdn.co/news/yrc-announces-next-day-expansion-as-less-than-truckload-market-heats-up

Career Tracks: XPO appoints diversity officer

XPO Logistics has promoted LaQuenta Jacobs to the newly created position of chief diversity officer, effective Monday.

She will provide cultural leadership and strategic direction as an advocate of diversity, equity and inclusion at XPO and report directly to Chairman and CEO Brad Jacobs.

LaQuenta Jacobs has 23 years of experience leading organizational development initiatives for global public companies. She joined XPO in 2018 as the head of human resources for the company’s last-mile business...

https://www.freightwaves.com/news/career-tracks-xpo-appoints-diversity-officer

Forward Air to expand pursuit of traditional less-than-truckload market

Forward Air truck on highway

Forward Air (NASDAQ: FWRD) will continue to pursue the less-than-truckload (LTL) market more heavily now that the worst of the pandemic-related freight declines appear to be in the rearview mirror. On its second-quarter earnings call with analysts on Friday, Chairman, President and CEO Tom Schmitt said he sees “more Savannahs to come,” referring to the company’s recent expansion outside of its normal airport-to-airport transportation network.

On July 13, the Greeneville, Tennessee-based trucking...

https://www.freightwaves.com/news/forward-air-to-expand-pursuit-of-traditional-less-than-truckload-market

Forward Air to offer traditional less-than-truckload service

Forward Air truck at United cargo facility

Forward Air (NASDAQ: FWRD), recently rebranded Forward, announced that it will now offer a traditional less-than-truckload (LTL) service.

The Greeneville, Tennessee-based trucking company said that Forward LTL will provide LTL service, operating out of the company’s final mile facility in Savannah, Georgia. The company will assess the need for a separate LTL facility based on the success of the launch.

Forward has historically specialized in the movement of airfreight by ground through scheduled...

https://s29755.pcdn.co/news/forward-air-to-offer-traditional-less-than-truckload-service

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